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Top 5 Companies in the Computer Hardware Industry With the Highest Beta (SSYS, SGI, CRAY, NCR, HPQ)
Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Computer Hardware industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Stratasys ranks highest with a a beta of 1.8. Silicon Graphics International is next with a a beta of 1.5. Cray ranks third highest with a a beta of 1.3.
NCR follows with a a beta of 1.2, and Hewlett-Packard rounds out the top five with a a beta of 1.2.
SmarTrend recommended that subscribers consider buying shares of NCR on November 23rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $23.85. Since that recommendation, shares of NCR have risen 5.1%. We continue to monitor NCR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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